Market News
Brokerages call peak on BoE Bank Rate after Sept pause
Sept 22 (Reuters) - Most big brokerages expect the Bank of England to hold the policy rate at 5.25% for the rest of the year after the central bank paused its tightening cycle on Thursday following 14 back-to-back rate hikes.
Following are forecasts from some global banks:
|
Brokerage name
|
Current Terminal Rate Expectation
|
Previous Terminal Rate Expectation
|
|
Barclays
|
5.25%
|
5.50%
|
|
BNP Paribas
|
5.25%
|
5.50%
|
|
BofA Global Research
|
5.25%
|
5.50%
|
|
Citigroup
|
5.25%
|
5.50%
|
|
Deutsche Bank
|
5.25%
|
5.75%
|
|
Goldman Sachs
|
5.25%
|
5.25%
|
|
J.P.Morgan
|
5.25%
|
5.75%
|
|
Morgan Stanley
|
5.25%
|
5.50%
|
|
UBS
|
5.25%
|
5.50%
|
|
HSBC
|
5.25%
|
5.50%
|
Complied by the Broker Research team in Bengaluru; Editing by Eileen Soreng and Anil D'Silva
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
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